Bank News

FDIC – Insured – Backed by the full faith and credit of the U.S. Government SMALL BUSINESS LOANS (SBAs) YOUR BUSINESS, OUR PRIORITY Allow the experts at SouthStar Bank to guide you through your small business loans and help you achieve your financial success. Contact Our SBA Team SBA Resource Guide Staff is helpful and friendly. We are happy to trust our business with SouthStar Bank.– Austin B. We understand the challenges At SouthStar Bank, we understand the challenges you face as a business owner, and they are anything but small. As a Small Business Administration (SBA) Preferred Lender, we can help your small business thrive and grow with the option that’s right for you through small business loans tailored to your needs. Working for oneself is an appealing option for those with an entrepreneurial spirit. In order to be successful and see growth, an entrepreneur must find the right financial partner to help you remain financially secure. Whether you are planning a startup or expanding current operations, securing small business loans and business financing is a crucial piece of your business plan. One of the best places to start as a business applicant is by learning about SBA loans and how they can support your business goals. Why Choose SouthStar Bank for your SBA Loan? Get your answer fast so you can get on with the next step. Low down payments. Long term loans with low monthly payments keep your overhead low. Work with a team of professionals dedicated to supporting local businesses. APPLY NOW Loan Application Apply today for your commercial loan. Get More Details Please complete the form below and one of our personal bankers will be in touch. Your Local SBA Loan Team Our qualified team is dedicated to supporting local business. They go beyond the standard SBA benefits of lower down payments and longer terms, to build lasting relationships with clients through personal service and quick responses. By understanding local Austin and Central Texas markets and every detail of the loan process, they allow their clients to keep focus on the business. Our focus is on our Central Texas community. Our focus is on our Central Texas community. We take pride in our neighbors and seek to help folks succeed, and work to build relationships for years to come. And, because we’re local, you can rest assured that SouthStar Bank will always be available to discuss your financial goals. We are excited to put your small business on the road to growth, sustainability, and long-term success. Selecting the right lending partner is to put your trust in a financial institution, and we know this can be difficult. It’s important to us that you work with experienced lenders who can answer your questions thoroughly in a way that makes sense. If you have further questions or concerns, or if you’re ready to begin the application process, contact us today! Amanda Aaron, SVP/Credit Officer/SBA Specialist | NMLS# 1819235 Amanda Aaron joined the SouthStar Bank team in July 2019, […]

  FDIC – Insured – Backed by the full faith and credit of the U.S. Government PUT CASH IN YOUR HAND WITH A CASH-OUT REFINANCE FROM SOUTHSTAR BANK Let the experts at SouthStar Bank help you take control of your financial future with a cash-out refinance. APPLY NOW APLICA AHORA “Everyone I spoke with at SouthStar was very helpful and willing to assist me! I had talked to a couple other banks and not received a good response, so calling SouthStar was such a relief. They were super responsive in getting me an account set up and helping me with a loan. Would definitely recommend using SouthStar!” ~ Kristi H. Are you looking to refinance your mortgage and create a quick influx of cash? Cash-out refinancing is a refinancing option that allows the borrower to receive money by taking out a larger mortgage on their property than their current mortgage. The monetary difference between the two mortgages is converted into cash and made available to the borrower. If you’ve been asking yourself whether a cash-out refi or a home equity loan is a better option for you, read on to inform your decision-making process. How Could a Cash-Out Refinance Help You? Receive cash for major expenses. Consolidate your debt. Reinvest the cash you get back into your home. Shorten your loan term and/or get a lower rate. How Much Can I Cash-Out Refinance? How much you can refinance depends on a few things. One of the biggest components to determining the amount of a cash-out refinance is how much of your home you currently own. To qualify for a cash-out refinance, you need at least 30% home equity. However, the more stake you have invested in your home, the more cash you’re entitled to. The other key component that determines how much money you’re eligible to borrow is the loan to value ratio (LTV) on your home. The LTV is essentially a refinance calculator. The maximum LTV for a cash-out refinance loan is 80%. For example, if your property has an appraised value of $400,000 and you currently have a loan balance of $200,000 (50% LTV), you are eligible for 80% of the $400,000 appraised value, or up to $320,000. This means that you can take $120,000 ($320,000 – $200,000) home from the cash-out refinance. Note* The loan to value ratio is based on the current market conditions of your home and surrounding area. Get More Details Please complete the form below and one of our personal bankers will be in touch. When you need to restructure your finances, the team at SouthStar bank is here to serve you. Our caring professionals excel at finding solutions. It’s all part of honoring our 100-year Texas heritage. If you want to work with lenders who focus on community values and personal relationships, you’ve come to the right place. At SouthStar Bank we strive to make refinancing your home or taking out a home equity loan easy and pleasant! Just contact us today […]

FDIC – Insured – Backed by the full faith and credit of the U.S. Government THE RIGHT HOME LOAN FOR YOUR NEXT BIG STEP WITH A TRUSTED MORTGAGE LENDER Trust your Mortgage Lender experience to the professionals who have been serving your community for nearly a century. APPLY NOW APLICA AHORA Everyone I spoke with at SouthStar was very helpful and willing to assist me! I had talked to a couple other banks and not received a good response, so calling SouthStar was such a relief. They were super responsive in getting me an account set up and helping me with a loan. Would definitely recommend using SouthStar! ~ Kristi H. Buying a home can be exciting yet daunting. We’re here to help. When you choose a mortgage loan, you want to choose the right one. Here at SouthStar Bank, you can take advantage of a variety of options while working with professionals who care about ensuring you get the best rates, monthly payments, and terms for your financial situation. We even have solutions for nontraditional borrowers, like self-employed persons, individuals who need low down payments, or those who want to build their own homes. At SouthStar Bank, it’s about partnerships with people, not pushing products. Whether you’re working with a mortgage broker or applying directly through our mortgage lender, you’ll get actionable advice from people who are ready to keep your best interests at heart. Contact us today to get started. SouthStar Bank offers broad mortgage loan options to serve you better: Star Advantage Program: Home loans for unique situations Traditional Fixed and Variable Rate Mortgages: Conventional (Fannie Mae & Freddie Mac), FHA, Jumbo, Rural Living, USDA, VA Low Down Rural Acreage Refinance Interim Construction to Permanent Financing Get More Details Please complete the form below and one of our personal bankers will be in touch. Your Home for Mortgage Lending Our roots lie in the quiet town of Moulton, but make the circle across Central Texas where you’ll find 16 SouthStar Bank locations. Established in 1920, the Moulton headquarters is flanked by locations in Shiner and Gonzales. Flowing down toward Houston, you’ll find our Brazoria branch. Make the circle back north through College Station to our Robertson Country Branches of Hearne, Franklin, Bremond and Calvert. Continue through Temple to the Harker Heights Branch. Head south on I-35 to the state capitol of Austin surrounded by six SouthStar Bank locations: Georgetown, Round Rock, Leander, Steiner Ranch, Bee Cave, and Southwest Austin (Dripping Springs). Whether you’re looking for a mortgage broker in Austin, Texas, or need a mortgage loan for your dream home, trust our local experts. Are you looking for a mortgage in Austin, Texas? SouthStar Bank has more than 100 years of lending expertise and is recognized as a Top Austin Mortgage Company by Austin Business Journal. This was based on the number of Austin-area loans that the local offices closed in 2019 — 170 Austin-area loans for a total of $83.35 million, plus 121 non-local loans. Empowering Our Community […]

FDIC – Insured – Backed by the full faith and credit of the U.S. Government MOBILE BANKING BANK ANYWHERE Convenience big enough for your Texas lifestyle. DOWNLOAD ON THE APP STORE DOWNLOAD ON GOOGLE PLAY We could not be happier with our choice to bank with SouthStar. The customer service is truly second to none. If you’re looking for a true Texas bank with the best banking experience you’ll ever get, SouthStar is the one! ~ Chandra A We’re pleased to offer the SouthStar Bank mobile banking app We’ll never turn our back on our personal commitment to you as members of our banking community. That means doing everything we can. That’s why we’re pleased to offer the SouthStar mobile banking app. Gain complete control of your accounts on the go. Just register for online banking, download, and go! It’ll be like having a SouthStar Bank branch right in the palm of your hand. How can the SouthStar Bank mobile app help? Access account activity and statements 24/7 Pay bills and transfer funds at the touch of a button Deposit a check while on the go, simply by taking a photograph Set activity alerts and retrieve check images if something seems wrong Temporarily freeze debit card to suspend activity Get More Details Please complete the form below and one of our personal bankers will be in touch. Frequently Asked Questions from Clients Can you deposit checks from the mobile app? Yes, you can deposit a check directly from the app to your SouthStar Bank account. When doing so, remember to write ‘FOR MOBILE DEPOSIT ONLY SOUTHSTAR BANK’ along with endorsement signature. The app will prompt users to take a photo of front and back of the check. Is mobile banking safe? The SouthStar Bank mobile app offers secure access through password, fingerprint or face ID as well as multi-factor authentication. We recommend keeping both the app and your phone up-to-date to implement the latest safety protocols from your OS of choice. We also recommend a strong pin key on your phone or using fingerprints or facial recognition to unlock it, just in case your phone is lost or stolen. If you follow these guidelines and keep passwords or pin numbers secure, then mobile banking with the SouthStar app is safe, easy, and effective. In fact, downloading the app is far safer than trying to use mobile banking on your phone’s browser. It’s also a lot easier. How can I control my debit card? Use the SouthStar Bank app to temporarily freeze your debit card and prevent charges. For even greater control, download the SecureAlerts & CardManager® app to manage day to day activity on your cards, helping to guard against fraud.  Set limits based on transaction amount, location, or merchant type. For example, you can decide where, when, and how the card is used. Removing unwanted options from your card. Having trouble getting started? To get started, be sure you first registered for online banking. Download the consumer mobile app on iTunes or Google Play. Download the […]